Decision-making under Imperfect Information with Bayesian Learning or Heuristic Rules
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More about this item
Keywords
information economics; imperfect information; Bayesian learning; risk; heuristics; differentiated products;All these keywords.
JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- D18 - Microeconomics - - Household Behavior - - - Consumer Protection
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2022-09-12 (Microeconomics)
- NEP-UPT-2022-09-12 (Utility Models and Prospect Theory)
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